Potential Japanese Prime Minister candidate Shigeru Ishiba supports the Bank of Japan raising interest rates.

avatar
ODAILY
08-07
This article is machine translated
Show original
Odaily Odaily News: The main potential candidate for Japan's next prime minister supports the Bank of Japan's policy of gradually raising interest rates, saying that normalizing monetary policy can push down prices and improve industrial competitiveness. Shigeru Ishiba, a heavyweight of Japan's ruling party, said: "The Bank of Japan is on the right policy path, gradually aligning with the global positive interest rate." He said: "The negative impact of interest rate hikes, such as the stock market crash, has been the focus of attention at present, but we must recognize its advantages, because raising interest rates can reduce import costs and make industries more competitive." (Jinshi)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments